New Toronto

Real Estate Trends

Housing Market Report for November 2018

Current New Toronto MLS stats indicate an average house price of $815,229 and 34 new listings in the last 56 days. As of today, New Toronto housing data shows median days on market for a home is 19 days.

Quarterly change

Yearly change

Avg sold price

Monthly change

Quarterly change

Yearly change

The proportions of home types sold has changed. This means that the mix of homes sold has shifted from a majority of higher-priced homes to a majority of lower-priced homes, or vice versa.

Assuming the mix of homes is relatively stable, all homes are being sold for more or less than the last period.

For example, if the average price decreased from last year, all homes sold this year were either sold for less and/or the majority of them were budget-friendly condos, rather than expensive single-family homes.

Have questions?

About this Report

Zolo's real estate market trends gives you a real-time look at the New Toronto housing market. If you're wondering about your neighbourhood's average house price, housing inventory, or how long a home stays on the market for, all this has now been broken down for you. Our home price data is continuously updated. This report analyzes sales history between September 20 - November 15 and compares it against the same period last year. Along with all these real estate statistics is a ranking of every neighbourhood in the Toronto area based on their home sold price, price growth, days on market, and turnover. With all this content, you'll be prepared with both a detailed view of the local New Toronto housing market and a glimpse of the city as a whole. All this information is intended to give you a thorough understanding of both the local New Toronto and the Toronto area, so that in the end, you'll be able to make a well-informed decision about where you'd like to live. To compare this neighbourhood to the city of Toronto, take a look at Toronto's trends page. As well, using other helpful MLS stats like the MLS Home Price Index will give you a more panoramic view of the housing market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the Realtor submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you're seeing is reported in real-time.

Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period's numbers are considered "pro-rated."

The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.